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20121110
20121110
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>>> welcome to "newsline." u.s. president barack obama says it's he time to bget back to wok on the economy. he says they can start by going along with his plan to extend tax breaks for the middle class. obama used the first speech since re-election to outline his plan to cut the federal deficit. he said he wants to raise taxes on the rich and says the majority of americans agree with his approach. >> nobody, not republicans, not democrats, want taxes to go up for folks making under $250,000 a year. so leept's not wait. even as we negotiate a broader deficit reduction package, let's extend the middle class tax cuts right now. >> obama is open to compromise and new ideas and he'll invite john boehner to the white house next week to look for common ground. boehner said higher taxes just for the wealthy are unacceptable. still, republicans and democrats agree on the need to aavoid a so-called fiscal cliff. attention is now focused on whether they can narrow their differences on higher taxes for the rich. >>> top officials from across china are mapping out where the country will
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